Number of Identified Exporters to Nicaragua from Arizona
AZNICA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.00
Year-over-Year Change
181.82%
Date Range
1/1/1997 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Nicaragua from the U.S. state of Arizona. It provides insight into trade flows and economic integration between Arizona and Nicaragua.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Number of Identified Exporters to Nicaragua from Arizona tracks the count of unique businesses in Arizona that export goods and services to Nicaragua. This metric is used by economists and policymakers to analyze trade patterns and assess the strength of economic ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Arizona businesses.
Historical Context
This trend is relevant for understanding regional trade dynamics and informing decisions around economic development and international commerce policies.
Key Facts
- Arizona exported $123 million in goods to Nicaragua in 2021.
- The number of identified exporters from Arizona to Nicaragua has grown by 7% over the past 5 years.
- Food products and machinery are the top exports from Arizona to Nicaragua.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Arizona that export goods or services to Nicaragua.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of trade and economic integration between Arizona and Nicaragua, which is valuable for policymakers, businesses, and economists analyzing regional commerce.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Arizona-based companies.
Q: How is this trend used in economic policy?
A: This trend informs decisions around trade agreements, export promotion programs, and other policies aimed at fostering economic development and international commerce.
Q: Are there update delays or limitations?
A: There is typically a 6-8 month delay in the release of this data by the Census Bureau. The data may not capture all small or informal exporters in Arizona.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Nicaragua from Arizona (AZNICA475SCEN), retrieved from FRED.